A Rolling Fund administered by AngelList

We invest in obsessive geniuses building utopian technologies.

Having fun earns more money.

00 Fund ledger As of September 2026
Deployed
$2,766,227
Companies
48
Quarters invested
19
First → latest
Q1 2022 to Q3 2026
  • Q3 2026Tobe EnergyProducing Clean, Cheap Hydrogen
  • Q3 2026Furno MaterialsCheaper, Better Cement Production
  • Q3 2026OBSIDIASecurity at the Silicon level
  • Q2 2026IntalusCeramic coatings infused into metal products
  • Q2 2026Flying WireOmnipresent Compute in Physical World
  • Q2 2026Precigenetics“Cell Cinema” to observe drug reactions in real time
  • Q1 2026The Impossible Computer Co[Stealth]
  • Q1 2026Ouros Energy (SPV)10x more energy dense Lithium-ion Batteries for drones, EVTOL, EV cars and grid storage.
All investments
01 Vision

Our vision is to fund the next industrial revolution.

  1. We invest $30k - $250k into tech startups valued under $200m that can 100x.

  2. We are Founders first and investors second.

  3. Let’s build the megacap companies of the 2040s.

03 Request for Startups11 requests

Request for Startups

Things we would love to fund in particular:

Early-stage US-based technology startups under $200m valuation. Seeking unique technology advantages in exceptionally large markets (energy, freight, manufacturing, raw materials, etc).

Read the thesises
  1. RFS-01

    Solarpunk

    Whatever this means to you. If you think it’s solarpunk, we want to see it.

  2. RFS-02

    DeathTech

    An overlooked area for innovation.

  3. RFS-03

    Health & Lifespan

    StitchFix for my love-handles. Bring it on.

  4. RFS-04

    Space

    Are you taking advantage of the existence of the new economics of Space access thanks to SpaceX? We’d love to hear what you’re doing.

  5. RFS-05

    Energy & Nuclear

    Lets get back on the Henry Adams Curve (opens in a new tab). Bonus points if you’re working on this somewhere with lower-than-american regulatory overhead.

  6. RFS-06

    Nuclear Supply Chain/Ancillary

    We think tool and service providers for Nuclear Energy companies are going to have a good time, and we’d like to have a good time with you.

  7. RFS-07

    Nanotechnology

    Lots to learn in this area, but understand it to be a key piece of the second industrial revolution. Walking that Feynman path? Let’s hold hands.

  8. RFS-08

    Chips & Compute

    Seems like it will be important to keep us on Moore’s Law.

  9. RFS-09

    Olfactory Computation

    Our sense of smell sucks compared to other animals, so we underestimate it.

  10. RFS-10

    Climate Tech / Environmental

    Lets capture some carbon and save the world.

  11. RFS-11

    Human Augmentation

    If it's in a Star Wars movie, it sounds fun to fund.

04 PartnersGP@rolling.fun (This goes to all partners)

Partners in Fun. Founders first and investors second.

Meet the partners
  • Portrait of Al Doan

    Al Doan

    al@rolling.fun
    • Founder & (fmr) CEO of Missouri Star Quilt Co.
    • Chairman of the board of Creativity, Inc.
    • Angel Investor in 40+ cos.

    Built a suspension bridge after watching some Youtube videos.

  • Portrait of Bo Fishback

    Bo Fishback

    bo@rolling.fun
    • Founder of Zaarly (acquired by ASX:ART)
    • VP Entrepreneurship Kauffman Foundation.
    • Angel investor in 30+ companies

    Completed “impossible” Gallon Challenge, drinking a whole gallon of milk in an hour. It’s real. We saw it.

  • Portrait of Eric Jorgenson

    Eric Jorgenson

    eric@rolling.fun
    • Author of Almanack of Naval Ravikant and Anthology of Balaji
    • CEO of Scribe Media
    • 20,000+ on his Smart Friends newsletter.

    Writing, recording, publishing, and connecting since he was 17.

05 How it works19 mini-funds

Think of a “Rolling Fund” as a new mini-fund each quarter

  1. Investors commit capital on a quarterly basis for a fixed time frame - typically 1-5 years.

  2. Predictable capital calls and consistent exposure for investors. We allocate consistently every quarter.

  3. Liquidity events are passed through to LPs as they happen. Standard terms: 2% management, 0.15% AL admin, 20% carry.

  1. Q1 2022Terran · Gently.com2 investments
  2. Q2 2022Chapters · Lumo · Positive Foods3 investments
  3. Q3 2022Ome · Omella · Drivly · Glyph4 investments
  4. Q4 2022Weavechain · Stell Engineering · Tonic Audio · NSION4 investments
  5. Q1 2023FasterBetter · Aalo · Solve3 investments
  6. Q2 2023altHQ · Zencastr · Ouros Energy · Occam4 investments
  7. Q3 2023Atom Limbs · GenFab Co2 investments
  8. Q4 2023Marathon Fusion · Atomic Industries · Portola3 investments
  9. Q1 2024Longshot · Reactiv · Dirac3 investments
  10. Q2 2024Ouros Energy (again) · Omella (Follow-on) · Tripleblind3 investments
  11. Q3 2024Terraform Industries · Airship2 investments
  12. Q4 2024Astroforge1 investment
  13. Q1 2025Los Angeles Project · Tideway Logistics2 investments
  14. Q2 2025Watoga Technologies · Cascade Space2 investments
  15. Q3 2025OBSIDIA · Green Abundance2 investments
  16. Q4 2025LUMINA · Dynamo Air · Blitzpanel3 investments
  17. Q1 2026The Impossible Computer Co · Ouros Energy (SPV)2 investments
  18. Q2 2026Intalus · Flying Wire · Precigenetics3 investments
  19. Q3 2026Tobe Energy · Furno Materials · OBSIDIA3 investments
  20. Current quarterApply to invest now to get exposure to our current quarter.Open
Management
2%
AL admin
0.15%
Carry
20%
Minimum
$4k/quarter for 4 quarters
Capacity
Capped at $3m/year
Commitment
Quarterly, for a fixed time frame - typically 1-5 years
Administered by
AngelList

Apply to invest now to get exposure to our current quarter.

06 For foundersPre-seed and Seed

Let’s work together.

Interested in working together? Fill out some info and we will be in touch shortly! Thrilled to learn from you.

What size are the investment checks?
$30,000 - $250,000.
Do you lead rounds?
No.
Do you take board seats?
No. But we will always pick up calls from founders to help.